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Fri, May 03, 2024

Latest Trading News and Chart Analysis

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USDJPY has broken the Ascending channel and went up similar to USDCHF

USDJPY Analysis As per the previous week USDJPY Analysis (click here to see), we recommend to our users that JPY…

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Inverse Correlation continues exactly on EURUSD and USDCHF

Inverse Correlation Analysis From last week to this week, both EURUSD and USDCHF has travelled at the same distance of…

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4 Reasons You Should Use Demo Account in Forex Trading

A demo account in forex trading is helpful for newcomers because it gives them an idea about what real trading…

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GBPUSD hits the destination resistance 1.42 after the breakout of 1.35 price

GBPUSD Resistance Analysis As per our previous GBPUSD analysis (click here to see), GBPUSD has broken the strong resistance level…

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EURUSD and USDHF inverse correlation chart setup

EURUSD and USDCHF Inverse Correlation Analysis EURUSD is standing at the bottom level (higher low) of the trendline. Opposite to…

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Gold price is near to the low level, Buying gold is good now?

Gold Analysis Gold is moving in a downtrend (descending channel) now by forming lower highs and lower lows. Now, Gold…

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USDJPY is moving in a clear Ascending Channel (uptrend)

USDJPY is moving in an uptrend by forming higher highs and higher lows in the 4-hour timeframe chart. Now, USDJPY…

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Descending channel top has broken on EURGBP

EURGBP Breakout Analysis EURGBP has broken the top level of the descending channel in the 1-hour timeframe chart. Expecting a…

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USDCHF at the higher high zone (top) of the uptrend line

USDCHF has reached a higher high zone of the uptrend line. Let's wait for the confirmation of reversal or breakout.…

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EURUSD still ranging without a clear breakout or reversal

EURUSD Analysis EURUSD is moving up and down between the ranges. but the downtrend line shows EURUSD has broken the…

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EURCAD at the lower low zone of the downtrend line

EURCAD Analysis EURCAD is standing at the lower low zone of the downtrend line. Let's wait for the confirmation of…

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After 14 months, GBJPY has reached the Strong Resistance Zone

GBPJPY Analysis After 14 months, GBJPY has reached a strong resistance zone of 148.00 If the market breaks this resistance,…

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